Boeing Co.’s stock is poised to gain about 25% within the next year, as the aerospace and defense giant has emerged as a favorite “trade tool” for the Trump administration and has made progress under Chief Executive Kelly Ortberg.

Morgan Stanley analysts said Thursday's Air India crash of a 787 with almost 250 people on board "derails the positive momentum on Boeing's stock."

The Boeing Dreamliner crash on Thursday rattled investors' confidence in the company's recovery narrative. Shares of the aviation major dropped by as .

(Reuters) -Boeing and GE Aerospace are scaling back their public activities following the fatal crash of an Air India jetliner, with the planemaker's CEO canceling his trip to the Paris Airshow next week and GE postponing an investor day.